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Feb 22, 2013
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>> the debt ceiling site. there were obviously thought given to this. >> that is one everybody -- jim was putting the mechanisms in place. he was putting mechanisms in place and we were doing girly things that had to be done. everyone was very focused. at least on a message side. it was a line of demarcation, the debt ceiling numbers weren't as bad as they were throughout the whole presidency. the rumors were swirling around and our folks were nervous. it was clear that we were now in a situation where we have to fight. so there were artier mechanical things that have to be done. one of the things that we knew is that they were going to have the big primary and we would have time to put things in motion. >> genin larry, can you talk abt the program? >> well, i was at the dnc. so a lot of the work we did there was building the foundation of what we knew would come for the reelection. while it wasn't a permanent campaign, there were a lot of things that were under the radar. building on some of the internal poll
>> the debt ceiling site. there were obviously thought given to this. >> that is one everybody -- jim was putting the mechanisms in place. he was putting mechanisms in place and we were doing girly things that had to be done. everyone was very focused. at least on a message side. it was a line of demarcation, the debt ceiling numbers weren't as bad as they were throughout the whole presidency. the rumors were swirling around and our folks were nervous. it was clear that we were now...
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Feb 22, 2013
02/13
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concerned in this country. >> narrator: and cantor had that debt ceiling threat. if the president wouldn't cut spending, he and the new republicans would force the issue. >> we all saw the debt ceiling as the best lever we had to make some changes, to deal with the spending problem, to deal with the big government problem. >> if the government were to fail to raise the debt ceiling, you would see an immediate panic in the market... >> white house showdown with house republicans... >> narrator: at the white house, treasury secretary timothy geithner knew just how serious cantor's threat was. >> geithner says, "we could trigger a depression worse than the 1930s. it will be indelible. it will be... it will last for generations." tim geithner is one scared secretary of the treasury. >> when secretary geithner and the rest of us spoke to the president, we were very clear. in our country. it would absolutely lead to a serious downgrading ofur credit rating. >> narrator: geithner said they had only weeks to act before the country ran out of money. >> geithner believes ve
concerned in this country. >> narrator: and cantor had that debt ceiling threat. if the president wouldn't cut spending, he and the new republicans would force the issue. >> we all saw the debt ceiling as the best lever we had to make some changes, to deal with the spending problem, to deal with the big government problem. >> if the government were to fail to raise the debt ceiling, you would see an immediate panic in the market... >> white house showdown with house...
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Feb 21, 2013
02/13
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by the time the debt ceiling hit, we had a good sense of the landscape. the debt ceiling, we were kind of galvanized in this cohesion to move forward. >> stewart, what was your assumption of what the primary would be about before the announcement speech? writing all of that -- the public does not realize. you go back to the obama announcement speech. it lays out the entire message of the campaign. you are working on that and the governor is working on that. >> we talked about this a lot. we had a premise that we would not have an announcement speech that you could give the day before the general election. that was our goal. we got that the reagan announcement speech and used as a model. it was one that was successful. it was a model of the speech that president reagan gave the day before. it was in the general election. we always believe that we wanted the primary to be about the economy. mitt romney would be that candidate of the economy. to beat mitt romney, you had to beat him on the economy. every candidate would have to trump them on that. we woulere
by the time the debt ceiling hit, we had a good sense of the landscape. the debt ceiling, we were kind of galvanized in this cohesion to move forward. >> stewart, what was your assumption of what the primary would be about before the announcement speech? writing all of that -- the public does not realize. you go back to the obama announcement speech. it lays out the entire message of the campaign. you are working on that and the governor is working on that. >> we talked about this a...
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Feb 21, 2013
02/13
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this was before the debt ceiling stuff. we knew people were weary of the economy. we wanted to see how we would fit in and how they were following what was going on on the other side. by the time the debt ceiling hit, we had a good sense of the landscape and what our way was to move. the debt ceiling was a moment in which we were -- sort of the cohesion to move forward over what we were learning over the summer. >> what was your assumption that the primary would be about? when you were preparing the announcement speeches and writing it at all that? the public and the media don't understand how important they are. you go back to obama's obama speech and italys out the entire message and campaign. what is the assumption that you're working on that will or the governor was working on that? >> we talked about this a lot. we had a premise that we wanted announcement speech that you could give the day before the germ election. that was our -- general election. that was our goal. we went and looked at the reagan's announcement speech and it was used as a model. it was a s
this was before the debt ceiling stuff. we knew people were weary of the economy. we wanted to see how we would fit in and how they were following what was going on on the other side. by the time the debt ceiling hit, we had a good sense of the landscape and what our way was to move. the debt ceiling was a moment in which we were -- sort of the cohesion to move forward over what we were learning over the summer. >> what was your assumption that the primary would be about? when you were...
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Feb 20, 2013
02/13
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in may, we get the debt ceiling again. >> does the market not think the debt ceiling is going to happen or not care. >> i think the consensus now is it will happen. then there will be a scramble in the middle of march to look like heroes, increase spend ac little bit, come to a deal and get us through it. >> guys say don't fear the sequester. ceo market soothsayers say don't fear the sequester. >> i heard other ceos said you should fear it and cuts defense and other ripples. >> we had others. >> i guess when you're talking long term versus short term, there's the difference. >> it will reduce spending in the near term. the economy is weak, won't help. we need a long plan. keep everything going this year, a couple more out-years things are better, unemployment down, then we start to scale back. >> we've been hearing that. >> what are we going to scale back on. you look at furloughing employees at the faa who will be at the airports, that's nerve racking. >> same in defense. >> probably cuts no matter where they come. >> they will happen any way. >> you have the fringe on both sides. howa
in may, we get the debt ceiling again. >> does the market not think the debt ceiling is going to happen or not care. >> i think the consensus now is it will happen. then there will be a scramble in the middle of march to look like heroes, increase spend ac little bit, come to a deal and get us through it. >> guys say don't fear the sequester. ceo market soothsayers say don't fear the sequester. >> i heard other ceos said you should fear it and cuts defense and other...
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Feb 21, 2013
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that was a line of demarcation, the debt ceiling fight. our numbers were as bad as they were throughout the whole president's. -- presidency. the creditors and washington were swirling around. all folks were nervous. and it was clear that we were now in a situation where we had to fight and we had to pull out of the nose dive we were in. but the mechanism was already -- there were mechanical things that had to be done. one thing we do is they were going to have a big primary and we would have time to put things in motion while they were busy that would ultimately redound to our benefit. >> take me through when you guys started operationally -- part of it is just, what you have to start the things to build the programs? >> i was at a dnc for 2009-2010 support of the work was building the foundation of what we knew would come for the reelection. while it was not a permanent campaign, there were a lot of things under the radar, the analytics. building on some of the internal polling that we did, really holding the 50 states strategy and havin
that was a line of demarcation, the debt ceiling fight. our numbers were as bad as they were throughout the whole president's. -- presidency. the creditors and washington were swirling around. all folks were nervous. and it was clear that we were now in a situation where we had to fight and we had to pull out of the nose dive we were in. but the mechanism was already -- there were mechanical things that had to be done. one thing we do is they were going to have a big primary and we would have...